James Braddock vs. Joe Louis ~ June 22, 1937 ~ 'The Skinny'

[walrus]

~ More Skinny ~

Part I

On February 4, 1937

Joe Gould {Manager for James Braddock} nearly signed a deal for his fighter
to defend against Max Schmeling on June 3, 1937 at Madison Square Garden.

But the concern was, that the early Gate Receipt 'estimates' were only around
$250,000.

Also, the Joe Louis Camp was worried that 'if' Max Schmeling won, he would
take the World Championship back to Germany, and hold it in 'protective custody'
for 2-Years {until 1939}.

There was also concern, that the World Championship would be used as 'a vehicle'
for Adolf Hitler and the Nazi Propaganda Machine.
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Part II

The Joe Louis Camp was willing to 'play-ball' to get 'The Brown Bomber' a Title
chance first, and before Max Schmeling could steal it away from James Braddock
and bring it back to Germany.

On February 19, 1937 >

Chicago Fight Promoter - Joe Folley put together an incredible deal for the World
Champion - James Braddock.

First > The bout would be held at Comiskey Park in Chicago on June 22, 1937.

Second > The estimated Gate Receipts would be close to $1,000,000.

Third > James Braddock was to receive {67 1/2 %} of the Gate Receipts, and
with a 'minimum guarantee' of $500,000.

Fourth > James Braddock would receive 50% of the Motion Picture rights, and
Broadcasting rights.

Fifth > James Braddock would receive 10% of Joe Louis' future purses for the
next 10-Years. {Capped at $15,000 per Year}.

~ The Contract ~

sounds like Joe was taken advantage of in many ways. I like Braddock but reaching into another man's purse to such an extent don't sound right to me.

[Mr140]

Well to be fair Louis was lucky to get the shot after getting his ass fucking kicked in by Max i mean come on now he was owned and got the shot. I say take advantage and there nothing unethical about it Louis lost so he had to make some sacrifices to get the hw belt and he did.

[Bill Paxtom]

Well to be fair Louis was lucky to get the shot after getting his ass fucking kicked in by Max i mean come on now he was owned and got the shot. I say take advantage and there nothing unethical about it Louis lost so he had to make some sacrifices to get the hw belt and he did.

This Is True

Madison Square Garden was in the middle of putting together a James Braddock vs. Max Schmeling
bout.

Then the Chicago Connection slipped in, and offered Joe Gould {Manager for James Braddock}
'a sweetheart deal' to by-pass the Title Fight with Max Schmeling.

It was all about .......'The Money'

[Bill Paxtom]

~ Gate Receipts ~

Attendance ............. 41,684

Gross Receipts ........ $715,420
Net Receipts ........... $593,380 {After State and Federal Taxes}

Fight Purses

James Braddock ...... $296,960 {After Taxes}
Joe Louis ................ $115,125 {After Taxes}

[Master]

Joe never paid his taxes.

[Bill Paxtom]

Joe never paid his taxes.

You may have pulled 'a full boner' here Master.

Joe Louis' taxes were automatically taken out in his bout with James Braddock.

That is how the Fight Contract was written.

Joe was 'safe' on this one.
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"And you only thought that I was on 'Charlie's Angels' because of my brain."

Kate Jackson